Property profile & analytics
27 5th St Stamford, CT 06905-5013
- Showrooms
- 2,025 SF
- 0.12 lot acres
OFF-MARKET
Last Sale
Dec 17, 2024
Dec 17, 2024
$660,000
Value Estimations
$575,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US15-0516983
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Sherman & Richichi / Law Firm
- Fairfield Family Care / Home Health Care Service / Aged Care
- Therapy Now - Stamford / Marriage Or Relationship Counselor
- Sunshine Senior Residence / Community Center
- Ms. Marthalee Taylor / Marriage Or Relationship Counselor
Property Details for 27 5th St
- Year built
- 1945
- Construction
- FRAME
- Lot size
- 0.12 lot acres
- Property size
- 2,025 SF
- Zone code
- RMF
- Property type
- Showrooms
- APN
- STAM M:001 B:0627
- APU
- STAMM001B0627
Description
This exceptional 3,194 square foot commercial building is ideally situated in downtown Stamford, CT, at 27 5th Street. The property boasts a prime in-town location, offering unparalleled convenience and accessibility. Its versatile layout is perfect for a single large tenant or can be easily divided to accommodate multiple occupants. Currently, the building features two tenants with month-to-month leases, providing immediate income potential. The space is divided across three floors: a first floor comprising 867 square feet, a second floor of 747 square feet, and a third floor offering 411 square feet. Each floor presents unique opportunities for customization and tenant adaptation. The property sits on a 0.12-acre lot and includes the added benefit of six onsite parking spaces, a significant advantage in a bustling urban environment. This presents a rare opportunity to acquire a well-located, adaptable commercial property with existing income streams in the thriving Stamford market. The asking price for this exceptional property is $699,500. This is a turnkey opportunity for investors seeking a strong return on investment or businesses looking for a flexible and convenient space to operate. The month-to-month leases offer flexibility for future development and tenant management. Don't miss this chance to own a piece of Stamford's vibrant commercial landscape.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $590,000
- 6.5%
- $545,000
- 7%
- $505,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $430,000
Market price range: $381k - $849k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $585,000 Current use
- AUTO REPAIR, GARAGE
- $475,000 Change: -19% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Stamford
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.543
- Latitude
- 41.0659
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,151
$318,730
$83,460
$402,190
-
$0.00
$0.00
$0.00
